Strategic Trends 2018: The CSS has published its annual analysis of major developments in world affairs. The four topics covered include whether or not emerging trends suggest the US could become a less reliable partner for Europe; why Russia and China are likely to continue building closer relations; the potential impact of energy technologies on international politics; and how resilience can act as an instrument of deterrence.
CAMBRIDGE – When President Richard Nixon proclaimed in the early 1970’s that he wanted to secure national energy independence, the United States imported a quarter of its oil. By the decade’s end, after an Arab oil embargo and the Iranian Revolution, domestic production was in decline, Americans were importing half their petroleum needs at 15 times the price, and it was widely believed that the country was running out of natural gas.
Energy shocks contributed to a lethal combination of stagnant economic growth and inflation, and every US president since Nixon likewise has proclaimed energy independence as a goal. But few people took those promises seriously. » More